Posted on 10/16/2008 7:25:09 AM PDT by Jack Black
Various level-headed economic pundits have opined that the $700 billion Bailout cannot possibly succeed. It rescues the gold-plated and wafer-thin layer of malefactors instead of growing jobs, income and solvency for the middle class. Its too little, too late, and vastly too much, most of it wasted.
And the Bailout approaches $2 trillion now. Except for dedicated pros, its impossible to keep tab on its total size anymore. It grows by several hundred billion dollars every week, in every sphere of economic activity. The latest at this time is a $150 billion tranche of jobless benefits, money for food stamps and a "tax rebate" - as usual, probably to those who dont pay taxes.
But one cant blame solely the Democrats for the economic debacle. With what President Bush and the GOP Congress (when it was GOP) have made of the country and its treasure, including in the banking and mortgage industry, one cannot.
The 08 elections are being contested by a man who is so tainted by anti-American poison that, if elected President, he would not pass a Secret Service background check to be his own bodyguard. But facing him is a Vietnam War hero and a civic coward, who pulls his punches, tiptoes around every truthful thing he might say, surrounds himself with what seem like double-agents who work for the other side, and amply deserves his berth in the Treason Lobby.
We are far-gone indeed. And the economic crash is a mark-to-market not only of our financial assets, but also of our fictitious weltanschauung
(Excerpt) Read more at gatesofvienna.blogspot.com ...
Well this flag still looks good to me.
Gates of Vienna bump. I visit it often. They have commentators that are not afraid to be as politically incorrect as they need to be.
/mark
The Bailout will fail not because our hapless solons prevented the mark-to-market mechanism from working its cleansing magic in the realm of finance. It will fail because what our political and economic leaders are trying to bail out is a patched scarecrow of moral cowardice, ethical degradation, intellectual corruption and spiritual delusion - all papered over with fraudulent propaganda under which self-sabotage has been going on for decades on a scale unknown since the 4th century CE.
Great article.
It is the best site on the web for the ills of multiculturalism that afflict both the US and Europe.I think that the Election Fraud issue is a sleeping giant, that will catalyze into action if this Leftist (0bama) is elected.
Yes, it is very good, Gates of Vienna. I really enjoyed this article, for its style as much as the content.
BTTT
Just wow bump.
ping
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